Three advisers managing $366 million at Voya Financial Advisors in Texas and Wisconsin have formed the Altus Consulting Group and affiliated with Royal Alliance Associates, a unit of Advisor Group, where they have become an office of supervisory jurisdiction.
The Altus advisers are Teresa O’Connor of Spring, Texas; Greg Buchanan of Houston; and Mike Aschberger of Franklin, Wisconsin.
The group was founded in 2014 by O’Connor and has three employees.
Merrill's latest hires span Colorado to Louisiana, even as industry-wide recruiting data suggests the firm is losing almost as many advisors as it gains.
The $36 million buy allegedly hid inflated books and a $50 million diversion.
“An award citing emotional distress is very unusual,” an industry executive said.
New EBRI research found workers who participated in employer financial education reported higher confidence, literacy and financial satisfaction.
Beyond operational excellence, the winning advisors of the future are the ones who can reach across multiple disciplines without discarding specialist skills.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
